Avast (XPRA:AVST) LT-Debt-to-Total-Asset : 0.24 (As of Jun. 2022)

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What is Avast LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Avast's long-term debt to total assests ratio for the quarter that ended in Jun. 2022 was 0.24.

Avast's long-term debt to total assets ratio declined from Jun. 2021 (0.30) to Jun. 2022 (0.24). It may suggest that Avast is progressively becoming less dependent on debt to grow their business.

Avast LT-Debt-to-Total-Asset Historical Data

The historical data trend for Avast's LT-Debt-to-Total-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Avast LT-Debt-to-Total-Asset Chart

Avast Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

LT-Debt-to-Total-Asset

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0.61

0.46

0.36

0.31

0.27

Avast Semi-Annual Data
	Dec15	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial							0.33	0.31	0.30	0.27	0.24

Avast LT-Debt-to-Total-Asset Calculation

Avast's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2021 is calculated as

LT Debt to Total Assets (A: Dec. 2021 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2021 )	/	Total Assets (A: Dec. 2021 )
	=	17655.852	/	64690.47
	=	0.27

Avast's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2022 is calculated as

LT Debt to Total Assets (Q: Jun. 2022 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2022 )	/	Total Assets (Q: Jun. 2022 )
	=	17372.092	/	72661.398
	=	0.24

Avast (XPRA:AVST) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Avast LT-Debt-to-Total-Asset Related Terms

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Avast (XPRA:AVST) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Avast PLC (XPRA:AVST) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

N/A

Address

110 High Holborn, London, GBR, WC1V 6JS

Website

https://www.avast.com

Avast PLC is a provider of security software to the consumer market as measured by the number of users. The company operates in two segments: consumer products and products for small & medium businesses. Its product portfolio includes Avast SecureLine VPN, Avast AntiTrack, and Avast BreachGuard solutions. Avast's geographical segments are United States, United Kingdom, France, Germany, and other countries.

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